SOLUTION: Sarah bought a dish washer for 6,000 in the year 2000 it depreciates by 2% per year what is the price of the food processor in 2012

Question 1002522: Sarah bought a dish washer for 6,000 in the year 2000 it depreciates by 2% per year what is the price of the food processor in 2012
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Sarah bought a dish washer for 6,000 in the year 2000 it depreciates by 2% per year what is the price of the food processor in 2012
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What food processor?
If you mean the dishwasher:
Each year its value is 98% of the previous year
--> V = 0.98*Last year
Using 12 years (it could be 13 depending on what day):
V = 6000*0.98^12
V =~ $4708.30
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That's a lot of money for a dishwasher, BTW.
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